Trump Seeks Low Interest Rates Ahead of Fed Meeting
US President Donald Trump has called for lower interest rates ahead of the Federal Reserve's two-day meeting on interest rate policy. The meeting is scheduled to start on Tuesday and will decide whether to adjust the current rate.
Trump expressed his desire for low interest rates, stating that 'We should have the lowest interest rate in the world, like it used to be 30 years ago.'
Economists are divided on what the Federal Reserve may decide at the meeting. Some expect the Fed to leave its rate unchanged, while others predict a rate hike amid concerns over inflation.
Trump also expressed his support for Kevin Warsh, who he believes would make a good Fed chair, saying 'the Fed chair wants to do the right thing.'